diff --git a/CHANGELOG.md b/CHANGELOG.md
index 50ef2d7ec..88ed51b86 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,6 @@
 ## Master
 
-### Master
+### 1.2.1 - 20 June, 2012
 
 ### Bug fix
 
diff --git a/lib/guard/version.rb b/lib/guard/version.rb
index 26ded85aa..bf6542118 100644
--- a/lib/guard/version.rb
+++ b/lib/guard/version.rb
@@ -1,4 +1,4 @@
 module Guard
   # The current gem version of Guard
-  VERSION = '1.2.0'
+  VERSION = '1.2.1'
 end